Senior Sourcing Manager

Legal & General (L&G) is a leading UK financial services group and major global investor.

We’ve been safeguarding people’s financial futures since 1836, and strive to build a better society, while improving the lives of our customers and creating value for shareholders.

We are one of the world’s largest asset managers and provide powerful asset origination capabilities. Together, these underpin our retirement and protection solutions: we are an international player in pension risk transfer, in UK and US life insurance, and in UK workplace pensions and retirement income.

Our Group Functions provide the services that all areas of the business need. This requires a talented and diverse team behind the scenes, who enable everyone at L&G to do what they do best. 

Joining us means helping to improve the lives of our customers and contributing to the success of the business every day.

We’re recruiting for a Senior Sourcing Manager to join us. We’re offering a competitive base salary, 12% car allowance and strong benefits package.

Our Group Procurement team launched a 3-year transformation strategy in 2023 and secured investment in people and systems to deliver the vision of creating a Procurement Centre of Excellence for Legal and General.

We are embedding category management and innovative sourcing strategies and partnering with stakeholders to become a strategic enabler for the business.

This role is pivotal in leading the execution and negotiation of sourcing activities, ensuring value maximisation and risk management. The ideal candidate will bring thought leadership and drive best practice improvements within the team.

What you’ll be doing:

• Leading the development and implementation of best practice, controls and governance
• Identifying and leading opportunities to drive value and improve performance of the supply base
• Conducting sourcing activities and negotiations for renewals, incremental purchases and new supplier engagements
• Ensuring procurement activity and supplier relationships are managed in line with Consumer Duty Accountability
• Leading sourcing activities to support business change strategies and transform current operations
• Ensuring all contracting and commitment to spend is governed in accordance with policies and company strategy
• Applying strategic sourcing principles and procurement best practices
• Engaging stakeholders and leading matrix teams to achieve sourcing objectives

Who we’re looking for:

• Professional with MCIPS qualification preferred
• Proficient in advanced Excel, PowerPoint, Word, and sourcing best practices
• Strategic mindset with excellent business acumen
• In-depth knowledge in sourcing, procurement, and supply chain management
• Strong understanding of contracting principles and associated legal frameworks
• Excellent oral and written communication skills at executive level
• Ability to prioritise workload and meet deadlines in a changing environment
• Extensive experience managing complex sourcing activities in the financial services sector

Whatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer:

• The opportunity to participate in our annual, performance -related bonus plan and valuable share schemes
• Generous pension contribution
• Life assurance
• Healthcare Plan (permanent employees only)
• At least 25 days holiday, plus public holidays, 26 days after 2 years’ service. There’s also the option to buy and sell holiday 
• Competitive family leave
• Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice (permanent employees only)
• There are the many discounts we offer – both for our own products and at a range of high street stores and online
• In 2023, some of our workspaces were redesigned. Our offices are great spaces to connect and collaborate and have your wellbeing at the heart   

Legal & General is a leading financial services group and major global investor, named Britain’s Most Admired Company in 2023, for the second year running. Rated top in our sector and top for inspirational leadership, we have a strong heritage and an exciting future.

We aim to build a better society for the long term by investing our customers’ money in things that make life better for everyone.

If you join us, you’ll be part of a welcoming culture, with opportunities to collaborate with people of diverse backgrounds, views and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel.

We strive to be open, mindful and inclusive, so are always willing to discussing flexible working arrangements and reasonable accommodations for candidates with specific needs.

If you’re open to find out more, we'd love to hear from you.